2008 Banking Bonuses: Top 10 Ranked Investment Houses
February 10, 2009 Pay & Bonuses TrackBack URLAs the public outcry over banking bonus continues, most houses are now in the middle of announcing bonus payments to existing employees.
Bonuses look set to nosedive for the next 12-24months (at the very least) due to depressed earnings through the global recession. But beyond that, the whole way in which the financial services sector (and in particular the Investment Banking arms of those banks) reward their people looks set for radical reform.
But in the meantime, there are still bonuses being paid out this year with JP Morgan topping the list according to some research conducted by eFinancial Careers.
Here are the top 5 ranked houses:
1. JP Morgan
2. Goldman Sachs
3. ‘French Banks’
4. Barclays Capital
5. Bank of America
To read the eFinancial Careers article and see the full listing, click here
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